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R-631 - 09/27/1994 - AGREEMENTS - Resolutions 0 9-19-rNE. RESOLUTION 94-CB-RR-R-631 A RESOLUTION APPROVING FIRST ADJUSTED RATE FOR THE BASIC SERVICE TIER FOR CABLE TELEVISION SUBSCRIBERS WITHIN THE VILLAGE OF OAR BROOK WHEREAS, the Village of Oak Brook has been certified by the Federal Communications Commission (FCC) to regulate the rates for the basic service tier for cable television subscribers within the Village of Oak Brook; and WHEREAS, by passing Resolution 94-CS-RR-R-612, the corporate authorities approved a basic service tier rate of $8.85 per month pursuant to the Federal Communication Commission's reasonable rate standard then in effect; and WHEREAS, the FCC has recently released Form 1200 which sets forth modified reasonable rate standards; and WHEREAS, the Village is in receipt of a request from Continental Cablevision, a franchisee of the Village of Oak Brook, for an adjustment to the basic service rate; and WHEREAS, pursuant to notice, the Village Board held a public hearing on September 27, 1994, at which interested persons could express their views on the cable operator's proposed revision to the rate for the basic service tier and associated equipment; and WHEREAS, no person objected in person or by letter to the basic service tier rate proposed by Continental Cablevision of Cook County, Inc.; and WHEREAS, the Village Board has reviewed the materials furnished by Continental Cablevision of Cook County, Inc. in support of its proposed adjusted rate for the basic service tier; and i WHEREAS, the Village Board has reviewed the proposed adjusted rate using the benchmark analysis in accordance with the standard form utilized by the FCC. j NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows: Section 1: That the provisions of the preamble hereinabove set forth are hereby adopted as though fully set forth herein. I Section 2: That the corporate authorities find and determine that Continental Cablevision of Cook County, Inc. 's adjusted rate request for basic cable service is within the Federal Communication Commission's reasonable rate standard. I i. it ii f t I Resolution 94-CB-RR-R-631 Approving Firm Adjusted Rate for Basic Service Tier for Cable Television Service Franchises Page 2 Section 3: That the adjusted basic service tier rate of $7.88 per month as proposed by Continental Cablevision of Cook County, Illinois, is hereby I; approved and shall be in effect from and after July 14, *1.994. Section 4s This resolution shall be in full force and effect from and after its passage and approval pursuant to law. PASSED AND APPROVED this 27th day of ,September . 1994, by the President and Board of Trustees of the Village of Oak Brook, DuPage and Cook Counties, Illinois, according to a roll call vote as follows: Ayes: Trustees Bartecki, Calzaretta, Kenny, McInerney, Payovich and Shumate Kays: Nome Absent: None Abstain: None i lage PresidentTr fl ATTEST: Village lark , ... it •.. {{i i